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Jul 26, 2011
07/11
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now utilizing the established senate procedure, the regular order but have attempted to solve this big problem in secret, behind closed doors with just a few people. i believe that is contrary to the historical understanding of the role of congress and i'm not happy about it, i oppose it and i object to it and i expect an appropriate amount of time to consider whatever plan comes >> president obama called for a feeling congress that would raise the national debt ceiling. the president supports the plan by senate majority leader harry reid which includes $2.70 trillion in savings, no tax increases, and no cuts to social security or medicare. the president spoke from the east room of >> the government had a surplus but the money was spent on the two wars and expensive prescription drug program. as a result, the deficit was on track to top $1 trillion, the year i took office. to make matters worse, the recession meant that there was less money coming in and it required us to spend even more. on text cuts for middle-class families to spur the economy and unemployment insurance, and aid to
now utilizing the established senate procedure, the regular order but have attempted to solve this big problem in secret, behind closed doors with just a few people. i believe that is contrary to the historical understanding of the role of congress and i'm not happy about it, i oppose it and i object to it and i expect an appropriate amount of time to consider whatever plan comes >> president obama called for a feeling congress that would raise the national debt ceiling. the president...
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Jul 15, 2011
07/11
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COM
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we're going to big deal days are back and better than ever! right now, go to priceline for a sneak peek at recent winning hotel bids to find where you can save up to 60% on hotels. we'll even email you other people's winning bids, so you'll know what price to name. with new hotel bid alerts, from priceline.
we're going to big deal days are back and better than ever! right now, go to priceline for a sneak peek at recent winning hotel bids to find where you can save up to 60% on hotels. we'll even email you other people's winning bids, so you'll know what price to name. with new hotel bid alerts, from priceline.
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Jul 18, 2011
07/11
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a big thanks to mitt romney. thank you. [applause] >> our political coverage continues with the discussion on how democratic activists feel toward president obama and the debt reduction talks. this is about 45 minutes. dot org you thofrment also the vice president of the center for american progress. appreciate your time. let me share with you this headline from the washingn examiner. the president's prospects with regard to re-election. is this moment and maybe this week a make or break moment for the president? caller: i think so. heading into a deadline of august second and the deal has got to happen this week in order for the nations economic rate togeer survive. i think the bond agencies have h said you have to have long-term repercussions so it's important they get that deal this week and you have to strike that grand bargain. that's where president obama said you have to go over the long-term. in order to have sca debt reduction you have to have taxes particularly on the wealthy. paying an among the lowest they have.
a big thanks to mitt romney. thank you. [applause] >> our political coverage continues with the discussion on how democratic activists feel toward president obama and the debt reduction talks. this is about 45 minutes. dot org you thofrment also the vice president of the center for american progress. appreciate your time. let me share with you this headline from the washingn examiner. the president's prospects with regard to re-election. is this moment and maybe this week a make or break...
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and here's what's coming up tonight on the big picture the clock continues to tick closer to august seconds debt ceiling deadline and the g.o.p. is holding firm on their way or the highway approach to tax hikes so if a bipartisan budget deal is not reached in time how severe will the recall repercussions be for you and me meanwhile another former power nation prepares for possible economic collapse italy with that country's bonds now under attack what's to become of the euro and while congress prepares to cut seniors' medical care the leader of the and so i medicare pack is caught sucking back bottles a line priced at three hundred fifty dollars a pop i'll talk to economists and feinberg who caught paul ryan in the ad. you need to know this high stakes talks between republican leadership and the white house fell apart again last night when both sides announced they were gridlocked on a deal that has the administration pushing for four trillion dollars with the deficit cuts over the coming decade and the republicans are refusing to budge on tax hikes speaker john boehner pulled his support f
and here's what's coming up tonight on the big picture the clock continues to tick closer to august seconds debt ceiling deadline and the g.o.p. is holding firm on their way or the highway approach to tax hikes so if a bipartisan budget deal is not reached in time how severe will the recall repercussions be for you and me meanwhile another former power nation prepares for possible economic collapse italy with that country's bonds now under attack what's to become of the euro and while congress...
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Jul 31, 2011
07/11
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the big question we have is where are revenues in all this? we can talk about that in a minute. let's take a quick break. we'll be right back. >> the clerk will call the roll. ♪ ♪ ♪ ♪ look at that car, well, it goes fast ♪ ♪ givin' my dad a heart attack ♪ [ friend ] that is so awesome. ♪ i love my car [ engine revving ] [ male announcer ] that first chevy, yea, it gets under your skin. ♪ >>> we're taking a look at the picture of the senate floor. the senator from maryland is speaking right now. we just heard from the senate majority leader, harry reid, who told us that he believes they are close to an agreement, which is something that senate mitch mcconnell told us earlier today. i'd like to play for you now, while we're waiting to hear from senator mitch mcconnell on the senate floor, something gene sperling, the director of the national economic council, told me. he said that tax cuts are not on the table for about a year and a half. let's take a listen. thanks for being with us this morning. >> thanks for having me. >> i know you're working around the clock
the big question we have is where are revenues in all this? we can talk about that in a minute. let's take a quick break. we'll be right back. >> the clerk will call the roll. ♪ ♪ ♪ ♪ look at that car, well, it goes fast ♪ ♪ givin' my dad a heart attack ♪ [ friend ] that is so awesome. ♪ i love my car [ engine revving ] [ male announcer ] that first chevy, yea, it gets under your skin. ♪ >>> we're taking a look at the picture of the senate floor. the senator...
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Jul 16, 2011
07/11
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gwen: i want to take us into a big think at the end. we've been all covering washington for a -- number of years, and each time this happens we know we're going to come up with a deal at the end. but this time it feels shakier somehow. is it possible anymore to get broad bipartisan agreement on important things as long as each side as dug in their heels? >> absolutely not. this week we see no aleagues shattered. not -- now that the republicans have a measure of responsibility they will help us govern. they were wrong. second, i think obama has elected that we were moving into a post-partisan era. when all the old battles of the right or left, the clintons thinking of doing was over. they're still republicans. they're not like democrats. there are still quite a few of them. one thing about the republican party you can say this week, it's not post partisan. >> the lame duck session, which wasn't so long ago achieved a lot but with a bunch of members of congress who had been shoate vo -- voted out of awes. gwen: which is the only way they
gwen: i want to take us into a big think at the end. we've been all covering washington for a -- number of years, and each time this happens we know we're going to come up with a deal at the end. but this time it feels shakier somehow. is it possible anymore to get broad bipartisan agreement on important things as long as each side as dug in their heels? >> absolutely not. this week we see no aleagues shattered. not -- now that the republicans have a measure of responsibility they will...
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Jul 28, 2011
07/11
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that's a big sticking point. there are things called triggers which would -- you know, if people walked away from these committees, they're supposed to find more savings, without getting too into those details, there are sticking points, but there are ongoing discussions about getting to something before tuesday. those are involved -- some of the members of the gang of six are involved in those discussions. scenario durbin of illinois, senator chambliss, others are involved, and so are the senate minority leader and majority leader. i don't think we'll see -- if we see this projection in the senate tonight -- rejection in the senate tonight, i don't think we'll see anymore tonight. hopefully over the weekend they cobble something together. >> this is one of the arguments that john boehner is making right now. this is why this needs to pass. if this doesn't pass we're not in the conversation anymore. we are silent. if this passes, then you can imagine some kind of a compromise along the lines of what a.b. is talki
that's a big sticking point. there are things called triggers which would -- you know, if people walked away from these committees, they're supposed to find more savings, without getting too into those details, there are sticking points, but there are ongoing discussions about getting to something before tuesday. those are involved -- some of the members of the gang of six are involved in those discussions. scenario durbin of illinois, senator chambliss, others are involved, and so are the...
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Jul 11, 2011
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i was at a big meeting in atlanta. a national group was coming in town to present the problem of our deficit a debt. there were 500 business leaders in the room. they have a greatresentation and finished with questions and answers. a businessman raised his hand and asked what we should do. the group did not have anything to offer. we're providing any one with an interest was something to do. a 1e asking them to support cent solution that gives the balance in eight years. we want to enroll 1 million voters to support this and encourage support on the hill. it resonates with them as it does with anyone who is concerned abouthe problem. we welcome any participation. we are bipartisan. we do not have labels. we want to put something out there that will workor the people. host: david is a republican in biloxi, mississippi. caller: i hope i can articulate this fairly well. it sounds like a of a good common sense ideas, but how do you implement that with a congress and president that is bought and paid for by the bankers? goo
i was at a big meeting in atlanta. a national group was coming in town to present the problem of our deficit a debt. there were 500 business leaders in the room. they have a greatresentation and finished with questions and answers. a businessman raised his hand and asked what we should do. the group did not have anything to offer. we're providing any one with an interest was something to do. a 1e asking them to support cent solution that gives the balance in eight years. we want to enroll 1...
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Jul 30, 2011
07/11
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you heard harry reid speak moments ago, a big thumbs down over there, and then -- then -- we will move on. but the number of votes on either side really doesn't matter so much as this number. the number of days and hours now left until the money runs out. this is what we've been warning about for weeks and weeks. still, the vote today was enough to allow the republicans to spike the ball into boehner's court. and he did so with a vengeance. >> i struck my neck out a mile to try and get in agreement with the president of the united states. i stuck my neck out a mile. and i put revenues on the table. in order to try to come to an agreement to avert us being where we are. but a lot of people in this town can never say yes. a lot of people can never say yes. this house has acted. and it is time for the administration and time for our colleagues across the aisle, put something on the table. tell us where you are! >> well, over in the senate, what they are putting on the table is mr. boehner's bill. they'll kill it over there. that's under way right now. we'll let you when the voting is done
you heard harry reid speak moments ago, a big thumbs down over there, and then -- then -- we will move on. but the number of votes on either side really doesn't matter so much as this number. the number of days and hours now left until the money runs out. this is what we've been warning about for weeks and weeks. still, the vote today was enough to allow the republicans to spike the ball into boehner's court. and he did so with a vengeance. >> i struck my neck out a mile to try and get in...
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Jul 30, 2011
07/11
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but if you raise the debt ceiling and don't cut spending, you'll have the same big problems. that's the answer to your question. the compromise has to cut spending. we have to respond to what everybody in america is saying and what the world credit markets are saying which is our problem isn't the debt ceiling. our problem is the debt. >> cutting spending and the balanced budget amendment are two different things. one may accomplish the other, but this they are still separate things. is the balanced budget amendment a drop-dead requirement? >> i don't have a drop-dead requirement? i have a whole host of things that my constituents have sent me here to do. cutting spending is one thing and balancing the budge set another thing. what we can do right now is make sure we're cutting spending today. don't give me a deal that cuts spending ten years down the road. show me what you're going to do this year and next year, before americans go back to the polls. >> simple but sort of strange question. are you happy tonight? >> i'm not happy tonight. we started this process back in febru
but if you raise the debt ceiling and don't cut spending, you'll have the same big problems. that's the answer to your question. the compromise has to cut spending. we have to respond to what everybody in america is saying and what the world credit markets are saying which is our problem isn't the debt ceiling. our problem is the debt. >> cutting spending and the balanced budget amendment are two different things. one may accomplish the other, but this they are still separate things. is...
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Jul 31, 2011
07/11
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this big ridge stays in place and the dry weather is going nowhere. heading up through the lakes, off towards the east. showers and thunderstorms through virginia and the carolinas. that will bring thorps with locally heavy rainfall and spotty showers here for the southern parts of missouri and parts of mississippi early on a sunday morning. a big area of high pressure in the east should keep most of us dry and showers pushing through western new york state for the most part that were dry as we go through the afternoon. sunshine and temperatures above average in the east. we will continue to see the numbers even down near d.c. at 96. further down towards the south, this is afternoon stuff. throw heat on the atmosphere to get us wet weather. showers and showers increase, but mainly dry and sticky in the southern plains. dallas with another 100 degree day. it will continue today, but on through most of the week and out across the midwest. the front coming through with a few showers in places like chicago. >> thanks for the comprehensive report. it was a
this big ridge stays in place and the dry weather is going nowhere. heading up through the lakes, off towards the east. showers and thunderstorms through virginia and the carolinas. that will bring thorps with locally heavy rainfall and spotty showers here for the southern parts of missouri and parts of mississippi early on a sunday morning. a big area of high pressure in the east should keep most of us dry and showers pushing through western new york state for the most part that were dry as we...
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Jul 31, 2011
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not a big one but little one. slight downgrade even if a deal is reached and finally the serious one, which it looks like we're headed towards avoiding is a major downgrade if the u.s. defaults on payments. everybody seems to be saying we heard mitch mcconnell saying we're not headed towards a default. everybody thinks they have a science as to what's going to cause a default and what isn't. the ratings agencies, fred, have not been fantastic at doing their work. we know this from 2008, from the layman brothers debacle. we may not have dodged a downgrade entirely but may have dodged the worst of it. the us has never been anything but aaa since the first rating by moody's in 1917. most pay to be rated by the way. the u.s. does not pay to be rated. we pay $250 billion at the federal level in interest payments every year. that of course is what would go up if we lost the rating, fred. >> this past week, aali, the dow dropped 500 points or so, so if no deal by today and once the asian markets do open up, if it's about
not a big one but little one. slight downgrade even if a deal is reached and finally the serious one, which it looks like we're headed towards avoiding is a major downgrade if the u.s. defaults on payments. everybody seems to be saying we heard mitch mcconnell saying we're not headed towards a default. everybody thinks they have a science as to what's going to cause a default and what isn't. the ratings agencies, fred, have not been fantastic at doing their work. we know this from 2008, from...
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Jul 30, 2011
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there is big cracks in the ground where they were just little cracks. and it is just getting worse. >> unbelievable. another sign of the worsening drought this week is ponds evaporate, ranchers are selling their cattle early at a loss. this is likely to translate into higher food prices for all of us. >>> just three days until possible default and still no solution in sight. the u.s. senate rejected a u.s. house plan to raise the debt ceiling last night. and in just a few minutes or so, the house is expected to block a senate plan to raise the debt ceiling. democrats and republicans continue to spar on capitol hill. >> this is not a crisis which we couldn't control. this isn't an earthquake or a tornado or a hurricane. it isn't a war. it is a created political crisis. the extension of the debt ceiling has been done routinely 89 times since 1939, 55 times by republican presidents, 34 times by democratic presidents, and president ronald reagan holds the record having extended the debt ceiling 18 times in eight years without a confrontation, without the am
there is big cracks in the ground where they were just little cracks. and it is just getting worse. >> unbelievable. another sign of the worsening drought this week is ponds evaporate, ranchers are selling their cattle early at a loss. this is likely to translate into higher food prices for all of us. >>> just three days until possible default and still no solution in sight. the u.s. senate rejected a u.s. house plan to raise the debt ceiling last night. and in just a few minutes...
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Jul 10, 2011
07/11
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how big a government do we want? we don't want to use the opportunity presented by the president's request of us to raise the debt ceiling to freeze in perpetuity this much government. i don't think the american people want it. i don't think it's good for the economy. >> bret: so is a big deal, $4 trillion deal off the table? >> i think it is. everything they told me and the speaker is to get a big package would require big tax increases in the middle of the economic situation that is extraordinarily difficult with 9.2% unemployment. we think it's a terrible idea. it's a job-killer. >> bret: you mention the unemployment rate. it came out friday, 9.2%. uptick, 18,000 jobs only created in june. in your opinion how much has the jobs report affected negotiations? >> well, it incentivizes to us do a big package without raising taxes, but unfortunately, i think the president is not thinking the same thing he did six months ago when the economy didn't seem to me as bad as it is today and he was making arguments of raising t
how big a government do we want? we don't want to use the opportunity presented by the president's request of us to raise the debt ceiling to freeze in perpetuity this much government. i don't think the american people want it. i don't think it's good for the economy. >> bret: so is a big deal, $4 trillion deal off the table? >> i think it is. everything they told me and the speaker is to get a big package would require big tax increases in the middle of the economic situation that...
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Jul 30, 2011
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conversation about a big issue. gwen: they forced a big conversation. >> at some point you have to say to yourself -- i'm saying, any party, what are our goals, what did we achieve and how do we consolidate them. >> the republicans should feel really good right now because the bill that boehner put through was improved in a way to collect even more conservative votes and so it's much more -- gwen: you're saying the democratic base should be more unhappy if they're paying attention to what's on the table now. >> exactly and i think the democratic base won't be happy no matter how this turns out but i think it's entirely possible that over the next 48 or 72 hours that the republican base will become really frustrated and angry because what -- there was one long-time, congressman tom cole, been around washington for a long time, he said this week, there's a lot of learning going on in our caucus and they're learning they don't own the senate and they can't push pure snow what their proposal is and it was his estimation
conversation about a big issue. gwen: they forced a big conversation. >> at some point you have to say to yourself -- i'm saying, any party, what are our goals, what did we achieve and how do we consolidate them. >> the republicans should feel really good right now because the bill that boehner put through was improved in a way to collect even more conservative votes and so it's much more -- gwen: you're saying the democratic base should be more unhappy if they're paying attention...
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charge is a big. welcome back to out of versus the man calles continues in mexico with drug cartel violence surging recently over the past weekend at least forty people died in drug cartel related attacks so we support of the mexican government so many people were massacred in monterey on friday at a bar with many innocent bystanders caught in a crossfire between the drug gang and the gulf cartel tend to have faded bodies including those of three women were discovered by authorities and torrie own and child that was just outside of mexico city a loving people were found shot to death at least forty two thousand people have died in the past four years. cartel fuelled violence as sheriff of the year paula bo recently noted in this is in arizona this pretty much well qualifies as terrorism beheadings kidnappings the massacre of entire towns sick gladiator fights to the death and this is happening on our border not in the middle east not in north africa where the government doesn't want to call it terrori
charge is a big. welcome back to out of versus the man calles continues in mexico with drug cartel violence surging recently over the past weekend at least forty people died in drug cartel related attacks so we support of the mexican government so many people were massacred in monterey on friday at a bar with many innocent bystanders caught in a crossfire between the drug gang and the gulf cartel tend to have faded bodies including those of three women were discovered by authorities and torrie...
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Jul 17, 2011
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they were going to go for the big deal. it was boehner, unfortunately, who could not get past his own caucus, could not get past his own majority leader, who was playing to the base. they have people in the house of representatives who do not believe anything will happen if the debt ceiling is increased. that is the yahoo mentality, and they are dealing with it. by my colleague is trying to make a point about how you have a completed, compliant, growth accepting every leak out of the white house here we have been told that the president is prepared to make cuts in entitlements. name me one. >> jobs. a completed, compliant, supine press. i love that. >> i've got other additives, but we are short on time. >> the other day, abc news position cameras all around the country, and they call them soapboxes cameras. they invited people to say what they had to say about the debt ceiling. we put one of the month at the beginning of the program. people are very upset, even if they do not quite understand what the debt ceiling is. do we
they were going to go for the big deal. it was boehner, unfortunately, who could not get past his own caucus, could not get past his own majority leader, who was playing to the base. they have people in the house of representatives who do not believe anything will happen if the debt ceiling is increased. that is the yahoo mentality, and they are dealing with it. by my colleague is trying to make a point about how you have a completed, compliant, growth accepting every leak out of the white...
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Jul 17, 2011
07/11
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how big a problem is it? >> well, let's take the acorn scandal a voter registration fraud and if they had tried to go to the polls they would have had to show i.d. and couldn't have done that. >> acorn activists trying to generate voter turnout and we found out over time that a lot of the vote they'res they tried to generate were made up names. >> that's right. but let me give you more specific example. last year, there was a state representative election in kansas city, missouri won by one vote. later we found out there were 50 smomali citizen thaz voted in had an election. and that would have changed if they had have voter i.d. why is this opposition, james, arising route now, politicalically. >> two reasons because republicans in the state legislation are in a position to pass this kind of legislation, many of these states. >> paul: okay. >> second, raising the specter of jim crow is a way of appealing to the racial fears of black voters and getting them to turn out for democrats. >> the supreme court has
how big a problem is it? >> well, let's take the acorn scandal a voter registration fraud and if they had tried to go to the polls they would have had to show i.d. and couldn't have done that. >> acorn activists trying to generate voter turnout and we found out over time that a lot of the vote they'res they tried to generate were made up names. >> that's right. but let me give you more specific example. last year, there was a state representative election in kansas city,...
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Jul 17, 2011
07/11
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that's a big part -- we a cut, raise revenue and invest. but let's start a conversation with what world we are in. not who can throw the biggest number on the table and the most stubborn about saving something were cutting something. it is an idiotic debate we're having and unworthy of our country. this is a whole other theme in the book which we do not have time to talk about. we did not get here by accident. you did not get where you are and i did not get our i.m. on my own. yes there is a lot of people out there is as i got this and i'm going to keep the government out of my life. you got here as a product of the greatest public-private partnership in the history of the world. that's how you got here. and we call this americas at formula for success. it has five parts. we educate our people up to and beyond what ever the level of technology is starting with universal primary and then post secondary education. we invite the world immigrants in, those with low skills and those with high skills, the first round intellectual draft choices, a
that's a big part -- we a cut, raise revenue and invest. but let's start a conversation with what world we are in. not who can throw the biggest number on the table and the most stubborn about saving something were cutting something. it is an idiotic debate we're having and unworthy of our country. this is a whole other theme in the book which we do not have time to talk about. we did not get here by accident. you did not get where you are and i did not get our i.m. on my own. yes there is a...
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Jul 31, 2011
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so that's quite a big "if" there. there's a lot of trust he still think he has with progressives moving into an election maybe because he think everyone's going to get spooked on his side by the choice in an election because this deal right now, the embarrassing piece of it for him is that he.we went out a week a there is no trigger mechanism. the compelling piece is all for republicans to sign on, not for -- democrats to sign on, not for republicans. >> trying to put lipstick on this for some progressive who think it is a pig when he said deep pentagon cuts, the threat of it, is something that can motivate republicans and frankly we are actually seeing many members of the republican party speak up on that issue. >> well, look. the fact is democrats needed something to say that they got some skin in this or got something out of it so they looked and said, well we'll say pentagon on one side, and democrats are tossing medicare in there. when you look at those two things, nobody really wants those two things to be cut.
so that's quite a big "if" there. there's a lot of trust he still think he has with progressives moving into an election maybe because he think everyone's going to get spooked on his side by the choice in an election because this deal right now, the embarrassing piece of it for him is that he.we went out a week a there is no trigger mechanism. the compelling piece is all for republicans to sign on, not for -- democrats to sign on, not for republicans. >> trying to put lipstick...
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Jul 3, 2011
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i see the threat of a big problem. but i do not see the parties moving beyond their entrenched positions. in fact, i would characterize this week as a week of entrenchment and deepening the difference. if you want to use a military metaphor, digging trenches deeper. the president's press conference was about establishing the democratic point of view and pushing it out. there was a bit of jawboning with republicans that did not go over well. you cannot create an atmosphere for creating a deal by suggesting your opposition party leaders in congress are less disciplined than 10 and 13-year- old. things are in a much tougher position and i do not see the end game. >> i would agree on the point that you throw like a girl is not the way to get people to come to your side. nor is it a 21st century thing to say. i think these guys are stumbling and bumbling. it reminds me of "thelma and louise." these guys are screaming at each other and don't even know the cliff is there and to the extent they do, they have forgotten about it
i see the threat of a big problem. but i do not see the parties moving beyond their entrenched positions. in fact, i would characterize this week as a week of entrenchment and deepening the difference. if you want to use a military metaphor, digging trenches deeper. the president's press conference was about establishing the democratic point of view and pushing it out. there was a bit of jawboning with republicans that did not go over well. you cannot create an atmosphere for creating a deal by...
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Jul 22, 2011
07/11
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you said your bottom line has been a big deal. that is not going to happen. are you going to be willing to go back to just raising the debt ceiling? >> i think i have been consistently saying in the press room and everywhere that it is important for to us raise the debt ceiling. we don't have an option on that. so if that is the best that congress can do, i will sign an extension of the debt creeling to take it through -- debt creeling to take it through 2013. i don't think it's enough. we should do more. the bare minimum, the floor of what the american people expect us to do. so i would like to see us do more. when i meet with the leadership tomorrow i'm going to say let's do more. if they tell me that is the best they can do, then i will sign an extension that goes to 2013 and make the case to the american people we have to continue going out there and solving this problem. it's the right thing to do. it's time to do it. we can't keep putting it off. >> you suggested that speaker boehner didn't return phone calls this afternoon. can you elaborate on that? >
you said your bottom line has been a big deal. that is not going to happen. are you going to be willing to go back to just raising the debt ceiling? >> i think i have been consistently saying in the press room and everywhere that it is important for to us raise the debt ceiling. we don't have an option on that. so if that is the best that congress can do, i will sign an extension of the debt creeling to take it through -- debt creeling to take it through 2013. i don't think it's enough....
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the other big story is happening in the senate. there as they are debating harry reid's bill. leader reid's bill again also seen as perhaps getting some sort of compromise before moving forward. the third big thing we are watching at the daughter is in about 30 minutes, we expect to hear from leader mcconnell from the senate as well as speaker boehner from the house. they are having a briefing at 3:30 eastern time. we'll be here to watch that, too. a lot happening right now in washington, d.c. let's get right to the very latest in washington where all that's happening. house members are voting at the moment. luke russert is live at the hill with the latest for us. >> reporter: richard, how are you doing? what you're seeing is on the house floor. largely a symbolic vote. it was brought under suspension which is a parliamentary tactic which the essentially 2/3 of the house have to vote yea for this to move on. it is expected to go down and go closely along partisan line with every republican voting against it. most democrats switched over. going forward as of right now, we expec
the other big story is happening in the senate. there as they are debating harry reid's bill. leader reid's bill again also seen as perhaps getting some sort of compromise before moving forward. the third big thing we are watching at the daughter is in about 30 minutes, we expect to hear from leader mcconnell from the senate as well as speaker boehner from the house. they are having a briefing at 3:30 eastern time. we'll be here to watch that, too. a lot happening right now in washington, d.c....
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>> i think mitch mcconnell holds a big club. i think in the end -- i had a conversation, i can't tell you who, but a conversation with a conservative but decent enough southern republican conservative senator. he said we are just this close. he thinks we are this close in agreement. he's not one of the six or seven or eight or ten best targets we think we have among republicans. we are eventually going to break this filibuster. i think they'll try their gimmicks. that is what mitch mcconnell lives on. we'll get this to happen. we'll send it back to the house. there, patriotism prevails. even most of the democrats, maybe 150, 160, 170, to join 50 republicans that, not the tea party, but the 50 reasonable republicans. >> do you want to give us the initials, maybe the state of that senator? >> i'm sorry? >> the state of the senator, just the initials? >> no. that would nail it down. i would say southern deep south, wrong side of the civil war. i'm not going to tell you the state. >> senator john thume laid out a plan. take a listen
>> i think mitch mcconnell holds a big club. i think in the end -- i had a conversation, i can't tell you who, but a conversation with a conservative but decent enough southern republican conservative senator. he said we are just this close. he thinks we are this close in agreement. he's not one of the six or seven or eight or ten best targets we think we have among republicans. we are eventually going to break this filibuster. i think they'll try their gimmicks. that is what mitch...
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Jul 16, 2011
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who will want higher taxes for the wealthy to be a big part of this. that's not at all clear that we're going to have any of those tax steps in this final deal. i think there will be some unhappiness on his left. on the other hand, democrats are likely to follow the president. we find that even the most liberal democrats still support the president and want him to be re-elected. he's not getting challenged in primaries. he's still in a pretty relatively strong position there. >> it's a big difference. the progressive elite may think one thing. you look at trank and file they're with him. susan page, bureau chief for "usa today." >> thanks, chuck. >>> coming up, what happens politically if republicans and democrats don't reach a deal and the u.s. does go into default? the deal's not done, done. will voters blame the president, the republicans for not making the deal, all of washington? you're watching "hardball" only you're watching "hardball" only on msnbc.rapid wrinkle repair. its retinol formula smoothes wrinkles in just one week. why wait if you don
who will want higher taxes for the wealthy to be a big part of this. that's not at all clear that we're going to have any of those tax steps in this final deal. i think there will be some unhappiness on his left. on the other hand, democrats are likely to follow the president. we find that even the most liberal democrats still support the president and want him to be re-elected. he's not getting challenged in primaries. he's still in a pretty relatively strong position there. >> it's a...
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one of the big i guess thought processes on both sides is who loses most. if america goes to default. obviously, number one, the american people. but would it be a massive blow to the democrats or more of a blow to republicans? >> i think it will be a blow to both, probably roughly equal, depending on how you look at it. and i believe it would have to lay mostly at the feet of the president. chief executive of the united states. if you can't get a budget together and deal with debt as chief executive of the country, then you're a pretty weak leader. the reality is -- you have to put this in context. the problem isn't the crisis we're going through right now. the problem is the totally unprecedent unprecedented, out of control spending we're doing. the president of the united states has come to congress asking them to increase the debt ceiling more than any president has ever asked, ever. i mean this is way beyond any president has ever asked. he wonders, why do they want to reduce spending? because he's asking for a bigger increase in debt than any presiden
one of the big i guess thought processes on both sides is who loses most. if america goes to default. obviously, number one, the american people. but would it be a massive blow to the democrats or more of a blow to republicans? >> i think it will be a blow to both, probably roughly equal, depending on how you look at it. and i believe it would have to lay mostly at the feet of the president. chief executive of the united states. if you can't get a budget together and deal with debt as...
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that obviously remains a big problem. i think that we are going to have to try to dig through all of those problems today. i will tell you that if we do not get some strong, substantive answers, that every dime spent in afghanistan on reconstruction is being spent wisely and being spent with the kind of oversight that we would expect if we were building a highway down the road in the united states of america. i think it is time we focus on a mission where we are training security forces and working to provide stability against taliban and the kind of structure that we need to support going after al qaeda on the border of pakistan and afghanistan. perhaps it is time to shut down $17 billion worth of money going for reconstruction projects when our track record really stings when it comes to reconstruction projects. i hope that you all will convince me that i have become cynical and angry and frustrated about the way we are spending money in theater. i am looking for good news, and i hope we hear some today. but i think it
that obviously remains a big problem. i think that we are going to have to try to dig through all of those problems today. i will tell you that if we do not get some strong, substantive answers, that every dime spent in afghanistan on reconstruction is being spent wisely and being spent with the kind of oversight that we would expect if we were building a highway down the road in the united states of america. i think it is time we focus on a mission where we are training security forces and...
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but when you talk about house republicans, as jackie mentioned earlier, it's a very big freshman class, many of whom are tea party candidates and they have not been willing to negotiate or budge at all. so there could be some support from house republicans. but this whole battle shows very deep divisions in the republican party. >> jackie, as we get down to the wire, the tea party and their influence there in the house, is there a way here that speaker boehner can work around them? is there a way that the bill coming out of the senate can also alleviate or satisfy their needs? >> you know, i don't think so at this point. but there are a lot of things up in the air and i don't think the leaders know either. if they did, we would have a deal right now. we might end up with a situation where boehner is trying to corral democrats and system of the more moderate members of his party to vote for a proposal. so we've got three days here and a lot of questions still unanswered. >> jackie, erin, thank you both very much. >>> concern about the u.s. debt crisis is echoing across the globe, as wel
but when you talk about house republicans, as jackie mentioned earlier, it's a very big freshman class, many of whom are tea party candidates and they have not been willing to negotiate or budge at all. so there could be some support from house republicans. but this whole battle shows very deep divisions in the republican party. >> jackie, as we get down to the wire, the tea party and their influence there in the house, is there a way here that speaker boehner can work around them? is...
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that is a big statement. i'll tell you almost as quickly as we heard that come from the top republican in the senate we also heard from senate majority leader harry reid as he was returning to the capitol from a meeting at the white house with the president. he was asked if they were any closer to an agreement and reid said very firmly no. one reason could be is we're hearing from democratic leadership aides in the senate, the possible pessimism they said republicans have not moved off from their position that they support the house speaker john boehner's bill. what we're seeing a lot of is a lot of back and forth here. it is a very fluid situation as you know, wolf. one thing we're keeping our eye on is potential for a very late night, 1:00 a.m. vote, the first test, a test vote for senator reid's proposal to raise the federal debt ceiling as he's pushing that proposal forward at the same time. >> they need 60 votes for reid's proposal to get through the senate because the republicans at least some of them a
that is a big statement. i'll tell you almost as quickly as we heard that come from the top republican in the senate we also heard from senate majority leader harry reid as he was returning to the capitol from a meeting at the white house with the president. he was asked if they were any closer to an agreement and reid said very firmly no. one reason could be is we're hearing from democratic leadership aides in the senate, the possible pessimism they said republicans have not moved off from...
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Jul 18, 2011
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the then government party in this house, conspired to smear lord ashcroft, and members opposite -- big discounts in order to try to undermine this. he knew about this then. why was nothing done? >> i have to say to the house that i am surprised that this debate, which started with our desire to protect the life of innocent children, should end up with the conservative party more interested in defending lord ashcroft. mr. speaker, i would have thought, i would have thought, that if the honorable member felt there were so many abuses in news international that he knew about at the time, then he would have advised the then leader of the opposition. >> i think the member for giving way. giving way. it is nice to see him in the chamber. >> listen carefully to the honorable member. listen carefully. >> thank you, mr. speaker. i have listened to the honorable member as he has outlined this. can i ask him, does he regret that the previous government held a slumber party for rupert murdoch and for rebekah at checkers? >> i have come to a debate on the future of the media on an issue where the p
the then government party in this house, conspired to smear lord ashcroft, and members opposite -- big discounts in order to try to undermine this. he knew about this then. why was nothing done? >> i have to say to the house that i am surprised that this debate, which started with our desire to protect the life of innocent children, should end up with the conservative party more interested in defending lord ashcroft. mr. speaker, i would have thought, i would have thought, that if the...
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so that's had a big, big role in, you know, getting this deficit. it cost about $1 million for every troop that we have in afghanistan. so i think that people are recognizing that defense has got to be part of this. and secretary gates basically has played a shell game. you give him too much credit. yeah, he said let's spend more on the state department, but he didn't want to take any money from defense. where did he think we were going to get it? he pretended that he was cutting the defense budget, but he never did. for example, in 2008, when he presented what he thought would be his last budget to congress, the 2009 budget under the bush administration, he said by 2012, we'll need about $543 billion in the base budget. know what he asked for this year? $553. this is after he pretended all these cuts. we've got to make some real cuts now if we're going to get this deficit under control. >> what kind of leadership do you think it's going to be needed and can be expected in order to get something like that done? republicans obviously are really pound
so that's had a big, big role in, you know, getting this deficit. it cost about $1 million for every troop that we have in afghanistan. so i think that people are recognizing that defense has got to be part of this. and secretary gates basically has played a shell game. you give him too much credit. yeah, he said let's spend more on the state department, but he didn't want to take any money from defense. where did he think we were going to get it? he pretended that he was cutting the defense...
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these are all good things, but they don't get the big job done. the president said he is committed to a big deal, $4 trillion over ten years i am committed to it, harry reid is committed to it we need some bipartisan buy in here ai think we can do it. >> schieffer: let me ask you, senator durbin that begs the question you said you are going to spend this week debate ago balanced budget amendment that you say everyone knows has no chance of passing so why are you debating that. >> because the republicans are insisting the debate takes place before anything happens we lived in a divided congress, the house of republican is under republican control and the senate 53 democrats, a nominal majority but not the 60 you need for big decisions so we have to check the boxes. one of them is to engage in this debate. it is interesting to me if you look back in history,. bob, and you will remember this when we had the biggest run up in america's debt in president reagan that was the hottest debate about a balanced budget constitutional amendment we don't need a
these are all good things, but they don't get the big job done. the president said he is committed to a big deal, $4 trillion over ten years i am committed to it, harry reid is committed to it we need some bipartisan buy in here ai think we can do it. >> schieffer: let me ask you, senator durbin that begs the question you said you are going to spend this week debate ago balanced budget amendment that you say everyone knows has no chance of passing so why are you debating that. >>...
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you talk to people in speaker boehner's house, this is a big, big win. i don't know how you can deny it at this point. >> first thing, you shouldn't from the perspective of a ration al person, we shouldn't be talking about spending cuts at l now. we had 9% unemployment. these spending cuts are going to worsen unemployment. it's even going to hold the long-run fiscal picture. we have a situation where more and more people are becoming long-term unemployed. if you have a situation that permanently raises the unemployment rate. which is what this is going to do, that's actually going to reduce future revenues. the spending cuts are going to hurt the long-run fiscal situation. then on top of that. budget cuts that are entirely -- basically the p they well blow up the world economy unless you give us what you want and the president says, okay. that's what happens. >> you've been consistent when you said there should be no gets at a time of recession and weak recovery. what is your scenario once this goes through and there's significant spending cuts and no re
you talk to people in speaker boehner's house, this is a big, big win. i don't know how you can deny it at this point. >> first thing, you shouldn't from the perspective of a ration al person, we shouldn't be talking about spending cuts at l now. we had 9% unemployment. these spending cuts are going to worsen unemployment. it's even going to hold the long-run fiscal picture. we have a situation where more and more people are becoming long-term unemployed. if you have a situation that...
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Jul 30, 2011
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we were hoping for a big drenching. think of texas almost like a hot pizza oven and all we did was throw a napkin in it. this storm dissipated faster than almost any storm i've seen before. it didn't even go into the mountains and dissipate, it literally evaporated as it moves over brownsville. you can see it on the satellite imagery. it was the big red blob, and as soon as it got to the dry land in texas, poof. all of a sudden, don was gone. so not good news down there. the storm system is -- what's left of it, circulation is going to head for mexico anyway so it looks like just scattered showers and storms in texas during the day today. we'll take what we can get, but this wasn't the answer we were hoping for. there's not a lot of wet weather on the map, there are showers in missouri, also showers in the northern plains. your forecast for today, rain likely more or less in mexico, not texas. hot weather for dallas once again. warm and sunny in the northeast. as we go into the sunday forecast, we should see a lot of th
we were hoping for a big drenching. think of texas almost like a hot pizza oven and all we did was throw a napkin in it. this storm dissipated faster than almost any storm i've seen before. it didn't even go into the mountains and dissipate, it literally evaporated as it moves over brownsville. you can see it on the satellite imagery. it was the big red blob, and as soon as it got to the dry land in texas, poof. all of a sudden, don was gone. so not good news down there. the storm system is --...
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they just feel like the government has grown too big. the only way to get government smaller, more rational is cut spending, not raise taxes. i think we win that. >> how much has this turned into a political debate? senator schumer has words to say about that. that the g.o.p. may be using the economy and the struggle of average american throughout to their benefit, simply for 2012. here is his accusation. >> it's becoming clear insisting op a slash and burp approach may be part of the plan. it has a double benefit for republicans. it's ideologically tidy and it undermines economic recovery which they think helps them in 2012. >> playing politics with it? >> that is certainly false there is just no basis to it. you know, the president in his party are doing a good job of undermining the economy as it is. with the unemployment at 9.1%. higher than other type of the country. people with capital on the sidelines because they don't know whether the taxes will get increased or regulators will overreach or what the cost of obamacare will be to
they just feel like the government has grown too big. the only way to get government smaller, more rational is cut spending, not raise taxes. i think we win that. >> how much has this turned into a political debate? senator schumer has words to say about that. that the g.o.p. may be using the economy and the struggle of average american throughout to their benefit, simply for 2012. here is his accusation. >> it's becoming clear insisting op a slash and burp approach may be part of...
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that is the big sticking point. harry reid busy trying to find republican support in the senate for this compromise plan he's going to come up. with he needs about eight to ten republican senators to switch over and say they are going to support him. we did have house speaker john boehner weigh in on this issue. if we can put his statement up, he says "the responsibility to end this crisis is now entirely in the hands of senator reid and president obama." house speaker boehner saying he has done everything he can to get this debt ceiling increased by that august 2nd deadline. he is saying the responsibility is with the democrats. all eyes have been on senate leader, republican senate leader mitch mcconnell to see if he will get behind harry reid and help him rally the troops. so far that hasn't happened. mitch mcconnell has said he wants the white house to come to the table. no word if that is going to happen at this point. again, right now all eyes are on the senate. senator harry reid's plan to increase the debt c
that is the big sticking point. harry reid busy trying to find republican support in the senate for this compromise plan he's going to come up. with he needs about eight to ten republican senators to switch over and say they are going to support him. we did have house speaker john boehner weigh in on this issue. if we can put his statement up, he says "the responsibility to end this crisis is now entirely in the hands of senator reid and president obama." house speaker boehner saying...
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olivia wilde's eyes were very big. it's really just they didn't care who lived or died and i have a small problem with that. >> so you didn't love the characters? >> i didn't really care one way or the other. but i did see aliens explode. so it did have that going for it. you kind of go to this movie to see, you know, a lot of crazy action and explosions and also daniel craig looking preposterously good in chaps. >> of course, it's bond, james bond. >> it was just okay. >> so you gave smurf f somebody says your grade here, you said just okay. >> perfectly average so i give it a c. i think there are stronger movies, especially last week "captain america" coming out, i think this will blow that out of the water. it's fun, but -- >> c for cowboys? >> c for cowboys and c for -- i don't know what. kind of a ho hum week. >> oh, darn. okay, well, i'm glad you were honest with us. as you always are. >> as i am. better luck next week and "crazy stupid love" is in the theaters which is definitely an a-plus movie. steve correll,
olivia wilde's eyes were very big. it's really just they didn't care who lived or died and i have a small problem with that. >> so you didn't love the characters? >> i didn't really care one way or the other. but i did see aliens explode. so it did have that going for it. you kind of go to this movie to see, you know, a lot of crazy action and explosions and also daniel craig looking preposterously good in chaps. >> of course, it's bond, james bond. >> it was just okay....
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and the big question is, what is going to be the ideology? what are going to be the values if they start leading the part of the world? are we still going to have the deep commitment with democracy, with freedom, with equal opportunities to everybody? so where are we going to be leading the dream of the founding fathers of this nation? >> it's a very worrying time. it's a dangerous time as you say for the world's economy. when you see the politicians on both sides, democrat and republican, squabbling now, trading insults and all the rest of it with such a serious situation so close, what do you think of that? >> dangerous game that is being played here. and you know, in mexico i think and in part of latin america that the presidential system as we know it is over. i think -- are going to be the future. there you don't have this kind of situation. everybody's forced to work towards cohesiveness, towards agreements. i think it's much better. in our presidential library, one of the ideas we're promoting strongly is to let people know, public opi
and the big question is, what is going to be the ideology? what are going to be the values if they start leading the part of the world? are we still going to have the deep commitment with democracy, with freedom, with equal opportunities to everybody? so where are we going to be leading the dream of the founding fathers of this nation? >> it's a very worrying time. it's a dangerous time as you say for the world's economy. when you see the politicians on both sides, democrat and...
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we will see just how big this ends up being. clearly, it is a significant development in light of what we have seen just sunday, just yesterday, when the news of the world decided to shut down because of its own alleged bad behavior. i want to go back to following what president obama is going to be saying very shortly out of the white house briefing room. obviously, bringing us up to speed about these negotiations that are taking place, democrats, republicans and the president over raising the debt limit, the debt ceiling and what this means in terms of budget cuts, what it means in terms of tax hikes and where they are in this deal. i want to bring back our financial analyst, ali velshi. ali, there is something that is very curious here. we have heard from the treasury secretary, geithner. we have also heard from them too. debt ceiling talks, really important. both of them linking it here. they don't really necessarily have to do with one another. do we think we are going to hear from the president? is he going to make a conne
we will see just how big this ends up being. clearly, it is a significant development in light of what we have seen just sunday, just yesterday, when the news of the world decided to shut down because of its own alleged bad behavior. i want to go back to following what president obama is going to be saying very shortly out of the white house briefing room. obviously, bringing us up to speed about these negotiations that are taking place, democrats, republicans and the president over raising the...
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>> he's the big key to getting a deal between the president and the leaders. he is not the key to getting the vote in the house of representatives. mitch mcconnell is important. you have the republican house that is resisting a deal with the president and resisting raising the debt limit. you need republicans to move forward, but mitch mcconnell has shown a willingness much more f. he and a senior leader can make a deal t becomes more difficult for republicans to block it in the house. they will lose the republicans anyway. remember, john boehner passed the his plan that has no chance of going forward in the senate. it has debt limit increase on passage of a balanced budget amendment which is not going to happen. mitch connell can try to move that process along, but john boehner has to figure out how to get to a majority in the house. that's why nancy pelosi is relevant again as well as members of the caucus. >> this passage of a budget amendme amendment, if that's not put in there in some shape or form whether tied to raising the debt ceiling or a side bar, w
>> he's the big key to getting a deal between the president and the leaders. he is not the key to getting the vote in the house of representatives. mitch mcconnell is important. you have the republican house that is resisting a deal with the president and resisting raising the debt limit. you need republicans to move forward, but mitch mcconnell has shown a willingness much more f. he and a senior leader can make a deal t becomes more difficult for republicans to block it in the house....